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U.S. Luxury Industry Analysis

UpdatedJul 11, 2026
DataAggregated Company Financials
Companies66
  • 7D0.5%
  • 3M0.8%
  • 1Y-13.1%
  • YTD-11.3%

Last week, the Luxury industry hasn't moved much but On Holding is up 4.6% in that time. Unfortunately though, the industry is down 13% over the past 12 months. Looking forward, earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

Has the U.S. Luxury Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 11 Jul 2026US$236.4bUS$156.6bUS$9.6b22.1x24.6x1.5x
Mon, 08 Jun 2026US$234.3bUS$156.7bUS$8.7b23.2x26.9x1.5x
Wed, 06 May 2026US$231.4bUS$155.8bUS$7.0b21.2x32.9x1.5x
Fri, 03 Apr 2026US$234.3bUS$155.4bUS$7.0b18.7x33.6x1.5x
Sun, 01 Mar 2026US$279.2bUS$155.1bUS$7.8b20.6x35.6x1.8x
Tue, 27 Jan 2026US$271.8bUS$149.7bUS$9.1b19.6x30x1.8x
Thu, 25 Dec 2025US$266.7bUS$149.6bUS$9.1b19.9x29.4x1.8x
Sat, 22 Nov 2025US$247.1bUS$152.6bUS$10.1b19.7x24.6x1.6x
Mon, 20 Oct 2025US$261.8bUS$148.2bUS$9.7b19.4x27x1.8x
Wed, 17 Sep 2025US$275.4bUS$148.0bUS$9.9b21x27.7x1.9x
Fri, 15 Aug 2025US$294.5bUS$156.9bUS$10.5b19.4x28x1.9x
Sun, 13 Jul 2025US$291.3bUS$160.2bUS$10.3b16.4x28.2x1.8x
Tue, 10 Jun 2025US$276.0bUS$161.4bUS$11.6b16.9x23.8x1.7x
Thu, 08 May 2025US$254.7bUS$160.9bUS$11.5b16.2x22.1x1.6x
Sat, 05 Apr 2025US$235.7bUS$161.3bUS$11.2b14.1x21x1.5x
Mon, 03 Mar 2025US$321.0bUS$162.0bUS$11.4b17.6x28.1x2x
Wed, 29 Jan 2025US$343.4bUS$160.6bUS$11.5b18.6x30x2.1x
Fri, 27 Dec 2024US$335.8bUS$160.7bUS$11.5b18.9x29.3x2.1x
Sun, 24 Nov 2024US$316.6bUS$161.6bUS$11.7b18.5x27x2x
Tue, 22 Oct 2024US$314.9bUS$161.5bUS$10.7b19x29.3x1.9x
Thu, 19 Sep 2024US$303.2bUS$163.0bUS$11.1b19x27.2x1.9x
Sat, 17 Aug 2024US$299.2bUS$162.7bUS$11.0b17x27.3x1.8x
Mon, 15 Jul 2024US$290.9bUS$168.4bUS$11.3b17.9x25.7x1.7x
Wed, 12 Jun 2024US$341.3bUS$168.2bUS$10.8b19x31.5x2x
Fri, 10 May 2024US$317.2bUS$163.8bUS$11.6b19.7x27.4x1.9x
Sun, 07 Apr 2024US$311.0bUS$164.5bUS$11.5b18.3x27x1.9x
Tue, 05 Mar 2024US$348.4bUS$164.4bUS$10.8b18.2x32.3x2.1x
Thu, 01 Feb 2024US$345.4bUS$159.4bUS$10.9b17.6x31.6x2.2x
Sat, 30 Dec 2023US$355.2bUS$159.4bUS$11.0b17.7x32.2x2.2x
Mon, 27 Nov 2023US$331.2bUS$158.9bUS$10.4b16.4x31.9x2.1x
Wed, 25 Oct 2023US$309.9bUS$158.6bUS$10.5b15x29.4x2x
Fri, 22 Sep 2023US$285.1bUS$156.8bUS$10.6b13.1x27x1.8x
Sun, 20 Aug 2023US$313.7bUS$156.3bUS$10.5b15x30x2x
Tue, 18 Jul 2023US$322.6bUS$156.7bUS$10.7b13.3x30x2.1x
Price to Earnings Ratio

30x


Total Market Cap: US$322.6bTotal Earnings: US$10.7bTotal Revenue: US$156.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Luxury Industry Price to Earnings3Y Average 28.6x202420252026
Current Industry PE
  • Investors are pessimistic on the American Luxury industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 24.6x which is lower than its 3-year average PE of 28.6x.
  • The 3-year average PS ratio of 1.9x is higher than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Luxury industry have declined 3.6% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the U.S. Consumer Discretionary industry?

US Market0.74%
Consumer Discretionary1.42%
Luxury0.48%
Textiles8.42%
Footwear1.50%
Apparel, Accessories and Luxury Goods-0.40%
Industry PE
  • Investors are most optimistic about the Apparel, Accessories and Luxury Goods industry even though it's trading below its 3-year average PE ratio of 31.7x.
    • Analysts are expecting annual earnings growth of 15.8%, which is lower than the prior year's growth of 22.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Textiles industry, expecting annual earnings growth of 113% over the next 5 years.
  • In contrast, the Footwear industry is expected to see its earnings grow by 14% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ONON On HoldingUS$38.544.6%
+US$566.0m		-26.5%PE41.2x
NKE NIKEUS$44.370.6%
+US$414.6m		-38.9%PE21.1x
CROX CrocsUS$132.786.0%
+US$372.7m		28.0%PS1.6x
PVH PVHUS$79.375.5%
+US$190.9m		8.0%PE23.1x
VFC V.FUS$16.772.9%
+US$184.1m		36.0%PE25.8x

Latest News

LEVI
US$24.31
Levi Strauss
7D
-0.4%
1Y
10.8%
CROX
US$132.78
Crocs
7D
6.0%
1Y
28.0%
BIRK
US$45.48
Birkenstock Holding
7D
-1.1%
1Y
-4.3%
Narrative Update • Jul 10

BIRK: Share Repurchase And Capacity Expansion Will Support Long Term Upside

The analyst price target for Birkenstock Holding has been reduced from about $76.58 to $67.36, reflecting analysts’ efforts to balance lower assumed future P/E multiples with updated views on revenue growth, margins, and recent Street research that has highlighted mixed reactions to Q2 results and the company’s valuation. Analyst Commentary Recent research on Birkenstock Holding shows a mix of reactions to Q2 results, but several bullish analysts continue to highlight what they view as attractive valuation, solid brand momentum, and identifiable growth levers across channels and regions.
VFC
US$16.77
V.F
7D
2.9%
1Y
36.0%
CRI
US$40.19
Carter's
7D
-1.1%
1Y
22.4%
RL
US$394.90
Ralph Lauren
7D
-0.8%
1Y
37.6%
PVH
US$79.37
PVH
7D
5.5%
1Y
8.0%
Narrative Update • Jul 07

PVH: EMEA Weakness And Tariff Reliance Will Constrain Longer Term Earnings

The analyst fair value estimate for PVH has moved down from $79.00 to $70.00 as analysts factor in softer demand in Europe, EMEA margin pressure, tariff and licensing headwinds, and a tougher global macro backdrop that they see limiting upside in the near term. Analyst Commentary Recent Street research on PVH highlights a clear reset in expectations, with several firms cutting price targets and flagging operational and macro pressures, especially tied to the company’s EMEA exposure and tariff dynamics.
COLM
US$62.97
Columbia Sportswear
7D
-0.6%
1Y
2.5%
Narrative Update • Jul 06

COLM: Future Returns Will Reflect Higher Margins And Raised Earnings Guidance

Analysts have raised their price target for Columbia Sportswear stock from $64.50 to about $70.67. This change reflects updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E estimates.
NKE
US$44.37
NIKE
7D
0.6%
1Y
-38.9%
Narrative Update • Jul 06

NKE: Extended China Weakness And Slow Turnaround Will Continue To Restrain Shares

Nike's Analyst Price Target is now set at $25.83, up from $23.70, as analysts factor in weaker revenue growth and profit margins but a higher assumed future P/E multiple supported by mixed Street research that highlights slower sales progress alongside margin-focused turnaround efforts. Analyst Commentary Recent Street research on Nike points to a cautious tone, with many bearish analysts cutting price targets and questioning the pace of the company’s turnaround, even as they recognize ongoing efforts to protect margins and improve cash flow.
ONON
US$38.54
On Holding
7D
4.6%
1Y
-26.5%
Narrative Update • Jul 02

ONON: Recalibrated Growth Outlook Will Test Premium Brand Momentum

Analysts have reduced their fair value estimate for On Holding to $27.06 from $42.09. They are recalibrating revenue growth, margin expectations and valuation multiples in light of recent price target revisions that cluster in the $42 to $60 range.
WWW
US$17.71
Wolverine World Wide
7D
7.1%
1Y
-8.7%
TPR
US$140.73
Tapestry
7D
-2.4%
1Y
43.0%
Narrative Update • Jun 30

TPR: AI Decision Support And Gen Z Engagement Will Support Higher Future P/E

The analyst price target for Tapestry has moved from $205 to about $223, with analysts pointing to long term growth potential supported by brand strength, marketing scale, and AI driven decision support across the business. Analyst Commentary Recent research on Tapestry highlights a generally constructive tone, with several bullish analysts revisiting their models and price targets after fresh management meetings and updated views on the company’s earnings power and use of technology.
CPRI
US$18.04
Capri Holdings
7D
-4.9%
1Y
-6.3%
SHOO
US$42.01
Steven Madden
7D
5.2%
1Y
64.6%
AS
US$34.80
Amer Sports
7D
-0.7%
1Y
-8.8%
Narrative Update • Jun 24

AS: Future Upside Will Hinge On 2026 Store Expansion Execution

Analysts have slightly raised their price target for Amer Sports to $50.11 from $49.72. The change reflects updated assumptions around the discount rate, long term revenue growth, profit margin and future P/E.
DECK
US$105.99
Deckers Outdoor
7D
1.2%
1Y
4.2%
Analysis Article • Jun 19

Deckers Outdoor (DECK) Stock Could Be 14% Undervalued After Ugg Patent Verdict

A recent federal jury decision that invalidated Deckers Outdoor (DECK) design patent on the Ugg Ultra Mini Boot, while still finding a competitor’s product infringing, has sharpened investor focus on the stock’s legal and earnings outlook. See our latest analysis for Deckers Outdoor. Deckers Outdoor shares have been volatile around the legal headlines and upcoming earnings, with a 1-month share price return of 15.74% and a 1-year total shareholder return of 8.03% indicating that momentum has...